SAIl achieves 10% growth in November

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Steel Authority of India limited (SAIl) achieved total sales of 9.7 lakh tonnes in November 2013, registering a 10 percent growth over same month last year (SMlY), officials said.

The company accelerated its export sales, with shipments to the tune of 61,000 tonnes during November 2013, representing a three-fold growth over SMlY.

Cumulative exports of 3.2 lakh tonnes in April-November 2013 were up 72 percent on year-on-year basis.

Keeping pace with its modernisation and expansion plan (MEP), Chairman SAIl CS Verma recently witnessed commencement of production from the rebuilt Coke Oven Battery- 2 in SAIl Durgapur Steel Plant (DSP).

Rebuilt at a cost of Rs 213 crores, this battery will play a vital role in the MEP of DSP, aimed to augment the capacity of saleable steel from the present level of 1.60 MT to 2.12 MT, said the officials.

Daily Pioneer
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